Hatching for Health Foundation

Analysis

Hatching for Health Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hatching for Health Foundation reported income of $176k and spending of $167k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $11k to $176k (+1521%), an average of +1521% a year. The sharpest change came in the year to December 2023, when income rose by 1521%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hatching for Health Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Pioneers Memorial Hospital Foundati on ($176k), 88 Live to Ride Inc ($176k) and Peter Hopkins Foundation Inc ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. At year end it held assets of $2,080 against liabilities of $53k, net assets of -$50k.